NOT LISTED FOR SALE

40720 Lincoln St Cherry Valley, CA 92223

Estimated Value: $209,969 - $235,000

1 Acre
$222,485 Price per Acre
43,560 Sq Ft Lot

Last Sold July 17, 2023

Last sale price $200,000 $285 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,438/month

29 Days on Market

Highlights

  • 1 Acre Lot
  • No HOA
  • Rectangular Lot
  • Mountain View

About This Lot

As of July 2023

Build your dream home on this 1 acre lot with magnificent backdrop vistas of the San Gorgonio mountains. Located in the desirable Cherry Valley with open space, Tranquility and quality of life. Let you imagination run wild as this property has endless possibilities and located in a highly desirable neighborhood. This lot is flat, rectangular and includes a unfinished structure at no value or warranty. Located near Bogart Park, Shopping and Healthcare.

Last Agent to Sell the Property

Steve Sandoval

CENTURY 21 LOIS LAUER REALTY License #01850916 Listed on: 04/06/2023

CENTURY 21 LOIS LAUER REALTY

Last Buyer's Agent

Chris Campbell

RE/MAX ADVANTAGE License #01487581

RE/MAX ADVANTAGE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,658

Lot Details

  • 1 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Chain Link Fence
  • Rectangular Lot
  • Level Lot
  • Property is zoned A-1-1

Property Views

  • Mountain
  • Hills
  • Neighborhood

Utilities

  • No Utilities
  • Water Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 402240005
  • $64 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$2,658

Lot Details

0

Listing Details

  • Road Frontage Type: County Road
  • Subdivision Name Other: Cherry Valley
  • View: Yes
  • Zoning: A-1-1
  • Property Type: Land
  • Parcel Number: 402240005
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 4.59

Exterior Features

  • View: Hills, Mountain(s), Neighborhood
  • Fencing: Chain Link

Utilities

  • Utilities: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level
  • Lot Size Sq Ft: 43560.00
  • Lot Size Acres: 1.0000

Multi Family

  • Lot Size Area: 43560.0000 Square Feet

Tax Info

  • Tax Census Tract: 438.09
  • Tax Lot: 2
  • TaxOtherAnnualAssessmentAmount: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2023
Sold by
Marguerite Schoonderwoerd Family Trust
Bought by
Traino David J and Traino Adriana
Current Estimated Value
$222,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2000
Sold by
Saler Christopher Lee
Bought by
The Schoonderwoerd Family Trust

Purchase Details

Closed on
Feb 12, 1999
Sold by
Marguerite Schoonderwoerd
Bought by
Saler Christopher Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,900
Interest Rate
6.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 18, 1995
Sold by
Crawford Jacob B
Bought by
Schoonderwoerd Marguerite

Purchase Details

Closed on
Apr 17, 1995
Sold by
Schoonderwoerd Marguerite
Bought by
Schoonderwoerd Marguerige

Purchase Details

Closed on
Aug 25, 1994
Sold by
Schoonderwoerd Marguerite
Bought by
Schoonderwoerd Marguerite

Purchase Details

Closed on
Aug 8, 1994
Sold by
Fazekas Edward J and Fazekas Ronald Dean
Bought by
Schoonderwoerd Marguerite
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Traino David J $200,000 Lawyers Title
The Schoonderwoerd Family Trust $53,475 Fidelity National Title Co
Saler Christopher Lee $54,000 Fidelity National Title Co
Schoonderwoerd Marguerite -- Fidelity National Title Ins
Schoonderwoerd Marguerige -- --
Schoonderwoerd Marguerite -- Fidelity National Title Ins
Schoonderwoerd Marguerite -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Traino David J $131,250
Previous Owner Saler Christopher Lee $50,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $200,000 -11.1% $285 / Sq Ft
06/06/2023 06/06/23 For Sale $225,000 0.0% $321 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
04/21/2023 04/21/23 Price Changed $225,000 -18.2% $321 / Sq Ft
04/06/2023 04/06/23 For Sale $275,000 -- $392 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,658 $204,000 $204,000 --
2023 $2,658 $350,000 $80,000 $270,000
2022 $1,122 $79,600 $66,466 $13,134
2021 $1,101 $78,040 $65,163 $12,877
2020 $1,088 $77,240 $64,495 $12,745
2019 $1,072 $75,727 $63,231 $12,496
2018 $1,066 $74,243 $61,992 $12,251
2017 $1,049 $72,788 $60,777 $12,011
2016 $1,022 $71,362 $59,586 $11,776
2015 $1,005 $70,292 $58,692 $11,600
2014 $1,005 $68,918 $57,544 $11,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV23056854

California Regional Multiple Listing Service (CRMLS)

APN: 402-240-005